This property might be a fair Mid-Term investment with a projected 0.12% first-year return on $96,771 initial cash invested.
0.12%
Cash On Cash
6.55%
Cap Rate
1.08
DSCR
$3,591
Rent
$10
Cashflow
Cash Flow
$3,591 income − $3,581 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,771
Downpayment
20%
$75,020
Closing costs
1%
$3,751
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,591
Total Expenses
$3,581
Mortgage P&I
53%
$1,892
Property Taxes
9%
$331
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395